TAM have been shortlisted for the Award for Innovation second year in a row!
We are delighted to announce that TAM Asset Management and You Give We Give is a finalist for the Investment Week 'Award for Innovation' category in the 2015 Sustainable Investment Awards.
Investment solutions that take into account social, ethical or environmental criteria are increasingly in demand by investors. Now in their seventh year, Investment Week's Sustainable Investment Awards offer an opportunity to showcase a firm's expertise and commitment to what is an increasingly important sector of the investment industry.
The awards are aimed at fund managers and organisations who are at the forefront of facilitating or investing in these sectors and whose work promotes a greater understanding into the potential of investing in themes such as the environment, ethics, and social responsibility.
Although TAM did not take home the award in 2014, we strongly believe that this could be the winning year.
'You Give We Give was in its infancy when we were first nominated for the award in 2014' said Lester Petch, CEO of TAM.
'The initiative has come on leaps and bounds since then, with some very exciting developments. One of which being the increased contributions from TAM. When we launched the scheme TAM were giving up a percentage of our Annual Management Charge (AMC), but at the beginning of the year we increased this to a percentage of our total annual fees.'
In the scheme's first year and in a volatile market environment, TAM and their ethical clients' portfolios made a profit and thus were able to donate almost £4,000 to clients' nominated charities via You Give We Give. This, coupled with an array of TAM fundraising events including a challenging London to Paris bike ride, has seen the charitable initiative donate a total of almost £12,000 to charity.
Needless to say, TAM are delighted for the nomination and recognition of our efforts and continued commitment to responsible investing and charitable giving.
Fingers crossed for a win!